Up here, the shouting fades. Below, the deckhands brawl over semantics and empty barrels. But from the rigging, the shape of things comes into focus — slow collapse, fast delusion, and the absurd elegance of it all.
This is where I map the mess from altitude. Big arcs. Broken patterns. Unwelcome truths seen before impact. No rah-rah optimism, no collapse-porn doomerism. Just the sharp wind, a good scope, and the knowledge that sometimes the best you can do is spot the rocks early and yell loud enough for someone below to hear.
Last week we saw that there is more and more oil coming online despite some problems in other oil-producing regions of the world and also despite the drop in sales of oil production that is in full swing now. However,…
So, OPEC has met and decided that the world is good as it is and no strategy change is needed. Who is surprised here? Who is expecting any shift from OPEC right now? They are not in the driving seat…
Looking at the North Western European coastlines one can see a neat row of LNG terminals from the French Bretagne up to the Netherlands and after Denmark, it continues right into the Baltic Sea to Poland and now Lithuania. What…
100 years ago, schools for mentally handicapped children were called “Institutions for the imbecile and the mentally deficient”. Our vocabulary has prettied up somewhat since those sinister days whenever we deal with other humans, those that are different from what…
Iran’s sanctions have been lifted a couple of months now and it just looks like, things are not going exactly as planned for the Iranians. My readers will remember that I predicted this outcome in mid-January this year. The reasons…
About 2 years ago I was contacted to work on the South African energy dilemma and indeed, I immediately saw enormous potential for new, lucrative investments. The problem was pronounced and the need was there. But things were by far…
Many years ago, an old sea bear and a good friend told me that whatever you do on land is inevitably harder when you are on the water. Space is confined and processes designed for still land are exposed to…
We are living in weird times. OPEC floods the market with crude oil to kill off shale as an industry and keep Iranians and Russians at bay. The cartel itself is under enormous strain as less wealthy members are in…
It’s a bit obscene – for years we have watched the meteoric rise of shale oil and now, as prices have gone down dramatically the party seems to be over. Doom and gloom at big shalecorp? Not so fast. The…
In June 2014, I made a wager with a friend (here is the full story) when the price of oil was slightly above 100 USD. Let’s restate the full wager again here for the sake of clarity. I said that…